Sale

Two-room apartment in Banishora with balcony on 9th floor

SofiaBanishora
Published: 5 June 2026 Updated: 8 September 2026
Sale228,000 €4,301 €/m²
Expected rent735 € /mo

~46,500 € ABOVE MARKET

overpriced

against the median for 2-room apartments in Banishora (436 properties)

Area
53 m²
Floor
9 / 12
Construction
Brick
Year
1970
Heating
District Heating

Yield analysis

Low investment rating

3.9% / yr
Monthly payment1,012 €20% down payment · 20 yrs · 3%
Expected rent735 €at market conditions for the neighbourhood

The rent covers 73% of the payment — you top up about 277 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 26 years. Calculated from the median rent for the neighbourhood, at full occupancy and before running costs — a benchmark, not a guarantee.

Price history

2 changes since listing▼ 5% · 12,000 €
  1. 240,000 €2 July 2026Initial price
  2. 230,000 €▼ 10,000 € (4.2%) 30 July 2026Price reduced
  3. 228,000 €▼ 2,000 € (0.9%) 8 September 2026Price reducedCurrent

Property analysis

This apartment is priced about 46,500 € above the typical price (the median) for 2-room apartments in Banishora (436 properties) — 4,301 €/m² against 3,428 €/m².

The apartment is located in Sofia, Banishora district, in a brick building from 1970 with an elevator. The layout includes an entrance hall, living room, bedroom, separate kitchen, bathroom with toilet, and balcony, providing functional use of the space. The building is well maintained, and the apartment is in excellent condition, ready to move in with the existing furnishings. The location offers convenient access to administrative, commercial, and transport connections, as well as parking opportunities. The property is suitable both for personal use and as an investment with rental income potential.

With 20% down over 20 years the monthly mortgage payment is about 1,012 €, against an expected local rent of 735 €. The rent covers 73% of it.

The asking price has fallen by 12,000 € (5%) since it was first listed.

Source: Market statistics for 2-room apartments in Banishora

Pros and cons

AI summary
Pros
  • functional layout
  • elevator
  • balcony
  • parking opportunity
Cons

We didn't find any significant drawbacks in the listing. This doesn't replace an in-person viewing.

Questions for the viewing

Only on imotesa

Derived from this specific property's data — not a generic checklist. Take them with you.

  1. Is there still room to negotiate, and why has it not sold yet?

    Because: The price has been cut 2 times — about 5% below the original asking price.

  2. Have the risers been replaced, and when was the roof last repaired?

    Because: The building dates from 1970 — about 56 years old.

Generated automatically from the data we hold. They do not replace an in-person viewing, a survey or legal due diligence.

Layout

  • entrance hall
  • living room
  • bedroom
  • kitchen
  • bathroom

Amenities

  • Elevator

Details

Category
Residential
Rooms
2
Bathrooms
1
Furnishing
Yes

Approximate location

The exact address hasn't been published by the seller — the map shows the neighbourhood.

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